Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
LONDON (AP) — Officials from China, Britain and France have attended a signing ceremony to mark the final approval for the construction of the new Hinkley Point nuclear power station in southwest England.
The 18 billion-pound ($23 billion) project will be financed by Chinese nuclear power provider CGN and French energy group EDF. It will be Britain's first new nuclear plant in more than two decades.
French Foreign Minister Jean-Marc Ayrault and Chinese Energy Minister Nur Bekri attended Thursday's ceremony.
British Business Secretary Greg Clark said the signing marked a crucial moment in Britain's effort to upgrade its energy supplies.
New Prime Minister Theresa May had delayed approval of the project while reviewing its security implications and other matters. The government says future foreign investment in infrastructure projects will face tighter reviews.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
